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Nations Trust Bank Presents Nations RI$E 2-year USD Fixed Deposit with Floating Interest Rate - Adaderana Biz English

Nations Trust Bank PLC launched ‘Nations RI$E’, a unique USD Fixed Deposit product, the Bank announced recently. Designed as the ideal option for depositors, Nations RI$E is the first 2-year tenure USD Fixed Deposit in a local bank to incorporate a floating interest rate, allowing customers to derive maximum benefit from their dollar deposits. Nations. ....

Sri Lanka , Sri Lankan , Perry Savundranayagam , Nations Trust Bank , Treasury Investment Banking At Nations Trust Bank , Executive Vice President , Investment Banking , Personal Foreign Currency , Foreign Currency Account , ஸ்ரீ லங்கா , ஸ்ரீ லங்கன் , நாடுகள் நம்பிக்கை வங்கி , நிர்வாகி துணை ப்ரெஸிடெஂட் , முதலீடு வங்கி , தனிப்பட்ட வெளிநாட்டு நாணய , வெளிநாட்டு நாணய எண்ணுதல் ,

Sri Lanka's Central Bank simplifies foreign exchange regulations

Sri Lanka’s Central Bank has revised regulations issued under the Foreign Exchange Act, No. 12 of 2017 (FEA) for further simplification and clarity improvement.
The move expects to achieve greater efficiency in the conduct of cross-border foreign exchange transactions alongside further facilitating economic activities of the stakeholders through greater convenience of doing business.
The revised foreign exchange policy framework has been implemented with effect from 22 March 2021.
Key highlights:
i. Excluding the mandatory requirement of opening Inward Investment Accounts (IIAs) by the foreign investors/lenders when granting loans to persons resident in Sri Lanka including to Government of Sri Lanka and State-Owned Enterprises. ....

Sri Lanka , Sri Lankans , Foreign Exchange , Sri Lanka Branch , Sri Lanka Central Bank , Colombo Stock Exchange , Central Bank , Foreign Exchange Act , Inward Investment Accounts , External Commercial Borrowing Account , Offshore Banking Units , Licensed Commercial Banks , Remittable Income Account , Non Resident Rupee Accounts , Capital Transaction Rupee , Sri Lanka Rupee , Sri Lanka Rupees , Personal Foreign Currency , ஸ்ரீ லங்கா , வெளிநாட்டு பரிமாற்றம் , ஸ்ரீ லங்கா கிளை , ஸ்ரீ லங்கா மைய வங்கி , கொழும்பு ஸ்டாக் பரிமாற்றம் , மைய வங்கி , வெளிநாட்டு பரிமாற்றம் நாடகம் , உள்நோக்கி முதலீடு கணக்குகள் ,